NESN/N trade ideas

mnave

I think that there might be a break in the downwards trend; alligator facing up, broke resistance line and MACD looking positive.

IamJeanPaul Updated 

I am long, bought yesterday. Expecting the 5th wave to be in the making. If 80 chf breaks lower i will close, then it will probably make some kind of more complex structure. There is a nice risk:reward in this position, plus i like the fundamental situation around Nestle. I had some good reads about it, also Goldman, UBS, Kepler, Citi all have targets above 90 chf...

Smokwawelski Updated 

POTENTIAL CONVERGENCE BET . KELLOG PE - 20 ; NESTLE PE 26 TIME HORIZONT 4-5 MONTHS

jofr44

The stock have been making a beautiful channel since 2013. Now is in the top of the channel and the Fibonacci retracement point. With this two signal we should go short, with a target price around 80$

HAL9000 Updated 

SIMPLE STORY Stock down on the back of disappointing earnings Expect further weakness closer to the US open, as US institutions adjust their portfolios This remains a quality defensive stock, quite compelling in the current toppish market context SIMPLE OPTIONAL STRATEGY Selling the June 16 puts with a EUR 69 strike indicatively brings in some EUR 2.00/share, or...

lanick

Nestle is overbaught, wait for pull-back to enter position. Continuation of the bull cycle

johnnys212

I've always like this company and I'm adding to my position. I don't think we will get a new high but we will get close to it. Looking for a 1 or 2 point pop in the coming days.